Asia Pacific Industrial Robotics Market Forecast 2017-2025

Asia Pacific Industrial Robotics Market Forecast 2017-2025

  • September 2017 •
  • Report ID: 5090367
KEY FINDINGS
Asia-Pacific Industrial Robotics market was valued at $18.01 billion in 2016 and is projected to reach $46.05 billion by 2025, growing at an estimated CAGR of 11.43% for the forecast period of 2017 to 2025. With more than 82% of the market share, countries like South Korea, Japan, and China are leading the market growth in this region.


MARKET INSIGHTS
The market segments include robot types like articulated robots, cylindrical robots, cartesian or gantry robots, and provide for a number of end-user industries like food and beverages, automotive, electronic, and machinery production. Factors such as the presence of a large number of manufacturing companies from major market players such as FANUC, Yaskawa, etc. in the APAC regions combined with the heavy investments and the increased government support are aiding the market expansion in this region. Also, because of the low manufacturing cost, many international companies are outsourcing their products in the APAC countries.


COMPETITIVE INSIGHTS
Apex Automation & Robotics, FANUC Corporation, Kawasaki Robotics Inc, Kuka AG, Mitsubishi Electric Corporation, Nachi Fujikoshi Corporation, Staubli International AG, Yaskawa Electric Corporation and Yamaha Robotics are the leading players in the market.
Country=APAC Industry=Robotics ParentIndustry=HeavyIndustry Date=201709 Topic=MarketSize Publisher=InkwoodResearch Price=2000